SSP Group, a UK food outlet operator, acquires Aussie airport firm ARE for undisclosed sum, expanding its presence in Australia.

SSP Group, a London-based travel food outlet operator, has agreed to acquire Airport Retail Enterprises (ARE), an Australian airport bar and restaurant firm, for an undisclosed sum. The acquisition will allow SSP to expand its operations in Australia and access four new airports, adding 1,500 employees and 62 sites to its portfolio. ARE's annual revenue is around 200 million Australian dollars (£100 million). The acquisition is expected to be completed by the end of June and will help SSP expand its portfolio of brands and concepts.

February 12, 2024
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